Tata Power Reports 5% Revenue Growth, Targets 26.3 GW Clean Energy Capacity

Tata Power , one of India's largest integrated power companies, has announced its financial results for the first half of fiscal year 2026, demonstrating resilient performance and ambitious clean energy goals.

Financial Highlights

For H1 FY26, Tata Power reported:

Metric	Value (₹ in crores)	YoY Change
Revenue	64,502.00	+5%
EBITDA	14,468.00	-

Clean Energy Expansion

Tata Power is expanding its clean energy portfolio:

Plans to achieve 26.3 GW total capacity
Over 66% of the planned capacity aims to be green energy upon completion
Capital expenditure pipeline includes:
- 10.4 GW renewables projects
- 2.8 GW pumped hydro projects

Sustainability Goals

The company has set sustainability targets:

Aims to achieve net zero emissions by 2045
Targets water neutrality by 2030

EV Charging Network

Tata Power plans to expand its electric vehicle charging infrastructure:

Aims to increase charging network to 5,600 charging points
Network expected to span across 620 cities

Future Focus Areas

The company is investing in future technologies and solutions:

Grid digitization
Battery storage
Green hydrogen

Tata Power's H1 FY26 results and future plans demonstrate its commitment to sustainable growth and leadership in the clean energy transition. The company's focus on renewable energy expansion, EV infrastructure, and innovative technologies aims to position it for long-term success in India's evolving power sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.28%	-0.36%	-2.96%	-3.70%	-5.16%	+557.60%

Tata Power , a leading Indian power company, has taken another significant step in its clean energy expansion strategy by investing ₹60 crore in Bhutan's Khorlochhu Hydro Power Limited (KHPL). This investment marks the second installment of a larger ₹830 crore deal to acquire a 40% stake in the Bhutanese hydropower project.

Investment Details

The investment details can be summarized as follows:

Aspect	Details
Total Investment	₹830.00 crore
Current Installment	₹60.00 crore
Stake Acquisition	40% in KHPL
Project Capacity	600 MW
Total Project Cost	₹6,900.00 crore (approx.)

Strategic Importance

This investment aligns with Tata Power's commitment to accelerating its transition towards clean and green energy. The 600 MW Khorlochhu Hydropower Project in Bhutan represents a significant addition to the company's renewable energy portfolio.

Transaction Structure

According to the LODR data, Tata Power has subscribed to 60,00,000 equity shares of ₹100 each in KHPL, equivalent to 40% of the issued and paid-up equity capital. The remaining tranches of the investment are expected to be completed over a period of five years.

Regulatory Compliance

The company has confirmed that this transaction does not fall under related party transactions, and no Indian governmental or regulatory approvals were required for this acquisition. However, KHPL has now become an associate company of Tata Power and consequently a related party.

Project Background

KHPL, incorporated on June 12, 2015, is a relatively new entity in the power sector. As of the latest available data, the company has not reported any turnover or profit after tax. However, its net worth stood at Nu. 6,080 million (approximately ₹608.00 crore) as of December 31, 2024.

This strategic investment by Tata Power not only strengthens its position in the hydropower sector but also contributes to its broader goal of expanding its clean energy footprint. As the global focus on sustainable energy solutions intensifies, such investments in renewable energy projects are likely to play a crucial role in shaping the future of the power industry.